LATEST NEWS
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Nigeria unveils world’s largest rice pyramids, Kenya outlines strategy to boost local rice production
NIGERIA – The government of Nigeria has unveiled the world’s largest rice pyramids, made up of one million bags of 100kgs of rice, a testament…
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SAB taps expertise of parent company’s executive to be its new CEO, Nestle names MENA region Chairman
SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev, has appointed Richard Rivett-Carnac as the company’s new CEO. The new boss has 13…
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ADM opens new aquaculture innovation lab, enters supply chain agreement in China
US – American multinational food processing and commodities trading corporation Archer Daniels Midland Co. (ADM) has opened a new innovation lab in the US to bolster its research…
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Belgium-based Puratos bolsters position in health and wellbeing category with acquisition of Profimix
CZECH – Puratos has acquired Profimix, a Czech supplier of improvers, bakery mixes and confectionery, to bolster its position in the health and wellbeing category. Profimix has…
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Turkey B2B flour miller Ulusoy secures funds from FMO to transition into retail sector
TURKEY – Ulusoy, Turkey’s largest flour miller, has secured a 6-year, US$25m senior debt facility from Dutch entrepreneurial development bank FMO to fund transition into the…